GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cheviot Financial Corp (NAS:CHEV) » Definitions » Cyclically Adjusted PS Ratio

Cheviot Financial (Cheviot Financial) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Cheviot Financial Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheviot Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cheviot Financial's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cheviot Financial Cyclically Adjusted PS Ratio Chart

Cheviot Financial Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cheviot Financial Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Cheviot Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Cheviot Financial's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cheviot Financial's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cheviot Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cheviot Financial's Cyclically Adjusted PS Ratio falls into.



Cheviot Financial Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Cheviot Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Cheviot Financial's adjusted Revenue per Share data for the three months ended in Mar. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=0.648/100.4704*100.4704
=0.648

Current CPI (Mar. 2016) = 100.4704.

Cheviot Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200606 0.227 85.606 0.266
200609 0.266 85.606 0.312
200612 0.241 85.142 0.284
200703 0.215 86.640 0.249
200706 0.244 87.906 0.279
200709 0.243 87.964 0.278
200712 0.236 88.616 0.268
200803 0.228 90.090 0.254
200806 0.282 92.320 0.307
200809 0.312 92.307 0.340
200812 0.312 88.697 0.353
200903 0.311 89.744 0.348
200906 0.301 91.003 0.332
200909 0.306 91.120 0.337
200912 0.308 91.111 0.340
201003 0.333 91.821 0.364
201006 0.339 91.962 0.370
201009 0.365 92.162 0.398
201012 0.345 92.474 0.375
201103 0.342 94.283 0.364
201106 0.629 95.235 0.664
201109 0.599 95.727 0.629
201112 0.614 95.213 0.648
201203 0.657 96.783 0.682
201206 0.708 96.819 0.735
201209 0.699 97.633 0.719
201212 0.681 96.871 0.706
201303 0.666 98.209 0.681
201306 0.622 98.518 0.634
201309 0.622 98.790 0.633
201312 0.639 98.326 0.653
201403 0.717 99.695 0.723
201406 0.705 100.560 0.704
201409 0.701 100.428 0.701
201412 0.712 99.070 0.722
201503 0.637 99.621 0.642
201506 0.673 100.684 0.672
201509 0.655 100.392 0.656
201512 0.659 99.792 0.663
201603 0.648 100.470 0.648

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cheviot Financial  (NAS:CHEV) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Cheviot Financial Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Cheviot Financial's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cheviot Financial (Cheviot Financial) Business Description

Traded in Other Exchanges
N/A
Address
Cheviot Financial Corp is incorporated in Maryland. It is a financial holding Company for Cheviot Savings Bank, which is a stock savings and loan association in Ohio. The business of Cheviot Financial Corp., consists of holding all of the outstanding common stock of Cheviot Savings Bank. The bank originates one- to four-family real estate loans, in addition to construction, multi-family, commercial real estate, and consumer loans. It also invests in United States Government Agency and mortgage-backed securities, among others. The Company conducts its operations from executive office in Cheviot, Ohio and 11 full-service branches, all of which are located in Hamilton County, Ohio. Hamilton County, Ohio represents its primary geographic market area for loans and deposits with its remaining business operations conducted in the larger Cincinnati metropolitan area which includes Warren, Butler and Clermont Counties. It also conducts a moderate level of business in the southeastern Indiana region, mainly in Dearborn, Ripley, Franklin and Ohio Counties. The Company also originates loans in the northern Kentucky region secured by properties in Campbell, Kenton and Boone Counties. It faces significant competition within its market both in making loans and attracting deposits. The Company is subject to regulation and supervision by the Federal Reserve Board, which replaced the Office of Thrift Supervision in that capacity due to the Dodd-Frank Act regulatory restructuring.
Executives
Mark T. Reitzes director, officer: President and CEO 3723 GLENMORE AVENUE, CHEVIOT OH 45211
Patricia L. Walter officer: SVP Finance 6415 BRIDGETOWN ROAD, CHEVIOT OH 45248

Cheviot Financial (Cheviot Financial) Headlines

From GuruFocus

Think Small Banks for Big Profits

By Tim Melvin Tim Melvin 04-30-2014

Bore Yourself All the Way to the Bank

By Tim Melvin Tim Melvin 02-19-2014